Price for Asbestos, Other than Crocidolite in Indonesia - 2022

Contents:

  1. Price for Asbestos, Other than Crocidolite in Indonesia (CIF) - 2022
  2. Imports of Asbestos, Other than Crocidolite in Indonesia

Price for Asbestos, Other than Crocidolite in Indonesia (CIF) - 2022

In March 2022, the average asbestos, other than crocidolite import price amounted to $518 per ton, picking up by 7.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for China amounted to +1.0% per month.

Imports of Asbestos, Other than Crocidolite in Indonesia

In 2022, the amount of asbestos, other than crocidolites imported into Indonesia fell dramatically to 104K tons, waning by -20.2% against the previous year's figure. Over the period under review, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports attained the peak of 130K tons, and then declined sharply in the following year.

In value terms, asbestos, other than crocidolite imports declined modestly to $62M in 2022. Overall, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56%. As a result, imports reached the peak of $63M, leveling off in the following year.

Import of Asbestos, Other than Crocidolite in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia49.735.357.150.50.5%
Kazakhstan0.71.11.95.8102.4%
Brazil2.71.40.23.25.8%
China2.20.51.73.010.9%
Canada2.72.11.9N/A-16.1%
Others0.1N/AN/AN/A0%
Total58.140.462.862.42.4%

Top Suppliers of Asbestos, Other than Crocidolite to Indonesia in 2022:

  1. Russia (86.0K tons)
  2. Kazakhstan (7.9K tons)
  3. China (5.6K tons)
  4. Brazil (4.3K tons)

Source: IndexBox Market Intelligence Platform

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